Alert on EXHP:REPOST
Posted by: investwise4858
In reply to: None
Date:6/14/2007 10:16:58 AM
Post #of 682
Alert on EXHP:
Please read the entire memorandum.
Number Alerted : 36
Action: BUY
Symbol: Pinksheet: EXPH
O/S 503m
Float 73m
Share structure verified today by TA, Guardian Transfer out of Plantation, Florida
This issue meets our criteria in all respects, unnoticed, good management, verifiable and/or ongoing business operations and plans.
The float is a bit larger than one I would normally alert, but as I said in THE SITUATION ROOM when stating my alert criteria, stronger components of the issue being investigated are allowed to offset weak areas. This one more than qualifies, as you will soon read.
This issue is so hidden, literally hiding in plain view.
Yesterday, I looked at the company from a surface point of view and was very impressed. I decided to contact the CEO, J.D. Brown, and make some inquiries. It was well worth the nearly hour that he spent with me via telephone.
Expo Holdings was formed as a result of a reverse merger, the surviving entity I am about to outline has great revenues and profits and is now known as EXPH.
Folks, let me invite you to go and take a look at the EXPH news releases. I will not post them here, no need.
While you are reviewing the Pinksheets site, doing your dd, take a moment and verify that they are fully reporting to Pinksheets, its all there for you to review.
They fully report their financials to Pinksheets, they are planning to get up to date and file a form 10, but that is months off and is not their greatest priority at this time, according to Brown.
EXPH as you will see in the press releases, have some remarkable high profile clients, NYSE:LOW Lowe’s, Family Hardware, NYSE:RL Polo-Ralph Lauren, to name a few. They are building from there. Brown told me they have a another large deal signed with a major firm, he would not divulge.
Their mainstay is shelving systems that are very high quality and well known in the industry. They are known for being the very best at what they do.
They have operations, a plant, revenues, and impressive profits.
They employ nearly 50 folks, mostly full time.
The man I spoke with, CEO J. D. Brown, 37, is clean, no negative history, in fact I discovered that he is former military. United States Air Force, discharged honorably and has received notable recognition.
Mr. Brown is married and has two children.
Now, back to EXPH itself.
They have just hired an IR, the IR will be not be paid with shares, but with cash, just like any other payable that EXPH has.
Brown studied IR’s for several weeks, before deciding on what firm to sign, the deal is now signed. I have good news, it is not Big Apple, he avoided them after doing his dd.
The firm that he has chosen is well known for straight dealing, this is why they were chosen, he told me that the one he chose is one of only a half dozen that he considered that did not have a bad rep.
This is very good folks. No shares to promote.
This a great company that is trading way too low, everything appears to be in order here, its simply a sleeper that is about to awake.
Now I am going to get you awake… I have this vital statistic share information to report to you:
Let’s look at the share structure,
503m outstanding
Here is a breakdown of the owners at present.
All of the shares about to be listed here are 144 restricted with another year left to go before any restriction is lifted.
Owner Holdings
JD Brown, Chairman, CEO 100 million
Glenn Harrs, President 100 million
Karl Malone (The Mailman) 100 million
Nolan Ross, former shell owner 10-15 million
Float 73 million
Yes folks, you read correctly, that is Karl Malone, former NBA star, business man, and personal family friend of our CEO Brown.
The fact that Karl Malone has a huge 20% stake in the firm is not public information just yet, I have revealed it to you here for the first time.
I spoke in depth with Brown about his new IR, I made the following suggestions and he was very attentive during my recitation of sequence, timing, and placement of certain information that will be released.
I advised him that the first thing the IR should do is introduce themselves as the new IR, and immediately tell the public about the share structure.
Advise the public about their fantastic products and their high profile clients, ignored to date.
I told him to let everyone know about the 144 restricted held by the three individuals, and of course to mention that Karl Malone is a 20% shareholder and interested party.
He agreed and told me that he would have the new IR transmit all the discussed important info in their beginning releases.
I explained to him the importance of being transparent while in the Pinks, and how being honest and upfront with the shareholders will prove out in everyone’s best interest. For instance, when I questioned him about future uses of the nearly ½ billion shares left in the authorized, he told me that they have no plans for any additional shares to be issued.
To put it another way folks, I told him how it had to be if he wanted your undivided attention.
He is not going to reverse split it , he has been watching some of the other r/s results, he knows that the share price suffers. The issue was r/s when they took over the shell, no more splits. They won’t need to. The share price will rise to a more acceptable level once the IR begins its assault.
He strongly raised valid points to convince me that he understand the importance of no additional shares, his actions match his beliefs and statements here folks, he is paying IR in cash, not shares. They have not and will not pay vendors in shares.
He said there possibly could be a million shares devoted to some bonus plan he wishes to set up for his employees, that will be it, and those shares would be, if indeed issued, 144 restricted as well. No more shares essentially.
The Company operates on their own cash flow from sales and operations, what a refreshing fact. They do not need to sell shares.
Folks, this man has done his homework, he has been looking at the whole Pinsksheet stock scenario and its attendant problems, he realizes that 90% of the firms have no revenues and only dreams. He knows that promoters are bad news, especially if they are paid in shares.
He was recently offered a deal that would have raised 1 million for EXPH by a promoter using 504 stock and a email campaign, he turned them down.
I advise him if he sticks with this course, he will develop a large following of savvy penny investors, and that as long as he remains honest and keeps the shareholders continually informed, the share price will take care of itself.
He understands this fully, and intends to follow the path outlined.
I have no idea how the actual security will react insofar as trading, it has been dead and not noticed for so very long.
Ameritrade is not restricting it, that is a good thing. He told me that he believes there are between 100-200 present shareholders.
Of course, those shareholders out there have no idea what is really going on and who the shareholders are in this venture, we do. They may sell into any bid strength, I don’t know. We will have the float soon, so it really doesn’t matter.
Here is what I do know, and a strange coincidence.
As many of you know, I started accumulating IOGH in February, and amassed nearly 1 million shares, I did this solely on one material fact, that NBA star Dominique Wilkins was a board member and major shareholder.
All the other components for a good pick were missing, I hung my hat on Wilkins having visible resources. You know the rest of the story, IOGH turned out to one of my best plays ever.
Fact is folks, superstars open doors that are closed to the majority. Karl Malone can open any door he wishes.
This is a much better play than IOGH, it has all the criteria, not one is missing.
Folks, this is my report, you decide, I just don’t know if it can get much better than this one really.
Brown told me the IR is on board and they are preparing their entrance, I am led to believe that they will begin their job of informing the public of EXPH’s sound business plans and already achieved successes within the next couple of weeks.
IR is going to make a major announcement of some type on EXPH’s behalf, one that he could not share, due to legal matters and insider trading regulations. I could care less about major announcements really, this one is worthy of investment as it stands.
There are other details, however, this is more than enough information for any reasonable person to begin their own dd and/or take a position.
Good luck and health to all, I truly appreciate your time to read this message.
END ALERT
AI
